Treasurer Magaziner's Back to Basics investment strategy continues to provide growth and stability for members of the Retirement System, with the pension system earning 7.24% during the 12-month period ending September 30, 2020, significantly outperforming the plan's benchmark return of 5.87% for...
Rhode Island General Treasurer Seth Magaziner and Connecticut State Treasurer Shawn T. Wooden have filed a letter with the U.S. Securities and Exchange Commission, urging fellow Cardinal Health shareholders to vote "no" on a proposed $2.5 million bonus for CEO Michael Kaufmann.
"Cardinal Health...
Rhode Island General Treasurer Seth Magaziner today announced that Rosie Hilmer will join his staff as Director of Communications, effective November 2, 2020.
"Rosie Hilmer is a talented communications professional with significant government experience," said Treasurer Magaziner. "I'm pleased...
The Rhode Island pension fund returned 2.92% in August, earning $254,897,082 from investments, as Treasurer Magaziner's Back to Basics investment strategy continues to provide growth and stability for members of the Retirement System.
Over the 12-month period ending August 31, 2020, the system...
The Rhode Island pension fund returned 3.21% in July, earning more than $272 million from investments, as Treasurer Magaziner's Back to Basics investment strategy continues to provide growth and stability for members of the Retirement System.
Over the 12-month period ending July 31, 2020, the...
Rhode Island General Treasurer Seth Magaziner is hosting a virtual meeting of the Financial Empowerment Roundtable on Wednesday, September 2, 2020 at 10:00 a.m. (ET).
The Rhode Island Financial Empowerment Roundtable, which was launched by Treasurer Magaziner in 2017, regularly brings together...
Women's Equality Day commemorates the 100th anniversary of the ratification of the 19th Amendment, which guarantees American women the right to vote, and raises awareness about the importance of gender equality in all walks of life.
"Today we are reminded of the sacrifices made by suffragists,...
Rhode Island's Crime Victim Compensation Program (CVCP) made over 1,100 payments to victims of violent crimes, including 135 payments to minor children, during the fiscal year that ended on June 30, 2020. Collectively, the CVCP provided victims with over $1 million in financial support during the...
The Rhode Island pension fund performed better than 87% of its peer pension funds in the Fiscal Year that ended June 30, 2020 according to new data released by Investment Metrics, formerly MSCI InvestorForce, the leading source of investment performance analytics for institutional investors.
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PROVIDENCE, R.I. – Despite the unprecedented crisis experienced in global markets by COVID-19, the Rhode Island pension fund, driven by Treasurer Magaziner's Back to Basics investment strategy, finished the Fiscal Year ending June 30, 2020 with $8,469,750,816 in assets under management, a higher...
